News That Matters

Tag: Joe Manchin and Chuck Schumer announce deal for energy and health care bill – CNNPolitics

Joe Manchin and Chuck Schumer announce deal for energy and health care bill
Health

Joe Manchin and Chuck Schumer announce deal for energy and health care bill

But it will face furious GOP opposition.While Manchin scuttled President Joe Biden's Build Back Better bill, the final deal includes a number of provisions the moderate from West Virginia had privately scoffed at, representing a significant reversal from earlier this month. That includes provisions addressing the climate crisis. The agreement contains a number of Democrats' goals. While many details have not been disclosed, the measure would invest $369 billion into energy and climate change programs, with the goal of reducing carbon emissions by 40% by 2030, according to a one-page fact sheet. For the first time, Medicare would be empowered to negotiate the prices of certain medications, and it would cap out-of-pocket costs at $2,000 for those enrolled in Medicare drug plans. It would ...